Al-Fakhera board recommends 23% dividend for H1 2024

25/12/2024 Argaam
Logo ofAl-Fakhera Men’s Tailoring Co.

Logo of Al-Fakhera Men’s Tailoring Co.


Al-Fakhera Men’s Tailoring Co.’s board of directors recommended on Dec. 22 cash dividends at 23% of capital, or SAR 0.23 a share, for H1 2024.

 

Dividend Details (H1 2024)

Current capital

SAR 36 mln

Number of shares

36 mln

Nominal Value

SAR 1/share

Dividend

SAR 8.28 mln

Percentage of capital

23% (SAR 0.23 per share)

Record date

Shareholders of record and those registered with the Securities Depository Center (Edaa) at the end of the second trading day following the general assembly meeting, the date for which will be announced after approvals from the relevant authorities

Payment date

To be announced later

 

This will be the company's first dividend distribution since its debut on the Nomu-Parallel Market in November, Argaam data showed.

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